Equities Analysts Offer Predictions for BMRC FY2025 Earnings

Bank of Marin Bancorp (NASDAQ:BMRC) – Stock analysts at DA Davidson boosted their FY2025 earnings estimates for shares of Bank of Marin Bancorp in a research note issued on Tuesday, January 28th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $1.85 per share for the year, up from their prior forecast of $1.41. DA Davidson has a “Buy” rating and a $24.00 price target on the stock. The consensus estimate for Bank of Marin Bancorp’s current full-year earnings is $1.60 per share.

Bank of Marin Bancorp (NASDAQ:BMRC) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.06. Bank of Marin Bancorp had a positive return on equity of 3.33% and a negative net margin of 5.52%. During the same quarter last year, the company posted $0.04 earnings per share.

Several other research firms also recently commented on BMRC. Stephens reaffirmed an “overweight” rating and issued a $30.00 price target on shares of Bank of Marin Bancorp in a research note on Wednesday. Keefe, Bruyette & Woods raised their target price on shares of Bank of Marin Bancorp from $26.00 to $30.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded Bank of Marin Bancorp from a “sell” rating to a “hold” rating in a report on Friday.

Bank of Marin Bancorp Trading Up 0.4 %

NASDAQ:BMRC opened at $25.27 on Thursday. The company has a market cap of $406.34 million, a price-to-earnings ratio of -48.60 and a beta of 0.93. Bank of Marin Bancorp has a twelve month low of $14.11 and a twelve month high of $27.11. The stock has a fifty day simple moving average of $24.22 and a 200-day simple moving average of $22.26.

Bank of Marin Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 13th. Stockholders of record on Thursday, February 6th will be issued a $0.25 dividend. The ex-dividend date is Thursday, February 6th. This represents a $1.00 annualized dividend and a dividend yield of 3.96%. Bank of Marin Bancorp’s dividend payout ratio is currently -192.30%.

Institutional Investors Weigh In On Bank of Marin Bancorp

Hedge funds have recently modified their holdings of the business. SG Americas Securities LLC raised its stake in Bank of Marin Bancorp by 7.1% in the fourth quarter. SG Americas Securities LLC now owns 6,509 shares of the bank’s stock worth $155,000 after buying an additional 430 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Bank of Marin Bancorp by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 22,644 shares of the bank’s stock valued at $455,000 after acquiring an additional 1,072 shares during the period. Rhumbline Advisers raised its position in shares of Bank of Marin Bancorp by 6.9% in the 4th quarter. Rhumbline Advisers now owns 25,183 shares of the bank’s stock worth $599,000 after acquiring an additional 1,621 shares in the last quarter. Hsbc Holdings PLC lifted its stake in shares of Bank of Marin Bancorp by 21.1% during the 2nd quarter. Hsbc Holdings PLC now owns 12,254 shares of the bank’s stock worth $199,000 after purchasing an additional 2,131 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Bank of Marin Bancorp by 18.7% during the third quarter. JPMorgan Chase & Co. now owns 15,662 shares of the bank’s stock valued at $315,000 after purchasing an additional 2,469 shares in the last quarter. Hedge funds and other institutional investors own 52.26% of the company’s stock.

Bank of Marin Bancorp Company Profile

Bank of Marin Bancorp operates as the holding company for Bank of Marin that provides a range of financial services primarily to small to medium-sized businesses, not-for-profit organizations, and commercial real estate investors in the United States. The company offers personal and business checking and savings accounts; and individual retirement, health savings, and demand deposit marketplace accounts, as well as time certificates of deposit, certificate of deposit account registry, and insured cash sweep services.